Green Up and Red Up

[easternpromise]

Can someone explain what these mean in betting ?

[MarkRussell]

Hi,

It simply means to submit a bet that gives you the same profit (green) or loss (red) against each selection in the market.

Regards,
Mark

[milfor]

It means that you make bets to have the same profit or loss on all
selections of an event.

You think for instance that the odds of a selection are too low and will rise.
You lay it with £10 at 9. If you are right and the odds rise to 10 for example
you can green up by backing with £9 at 10. Therefore you have a profit of
£1 (minus commission) regardless whether the selection wins or not.

But if the odds move in the other direction you can only red up and have the
same loss regardless whether the selection wins or not.